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not government of the money. john larson is the perfect person in that regard. first, i want to talk about the subject at hand. the president has his pen in hand. he is ready to sign the middle class income tax. a similar bill was introduced into the house at that time. since then, we have been asking republican leadership to bring middle income tax cuts to the floor. the clock is ticking. it is important for the tax legislation to happen now. we are calling on the republican leadership in the house to bring this legislation to the floor next week. we believe that not doing that and holding the middle income tax cuts hostage for the tax cuts for the rich will heap mountains mountains of debt on future generations. to that end, if there is no announcement of scheduling of the middle income tax cuts -- which by the way, it has tremendous support in the republican caucus -- i think we will get 100% vote if they came to the floor. if it is not scheduled, on tuesday we will be introducing a discharge petition. if we c
not government of the money. john larson is the perfect person in that regard. first, i want to talk about the subject at hand. the president has his pen in hand. he is ready to sign the middle class income tax. a similar bill was introduced into the house at that time. since then, we have been asking republican leadership to bring middle income tax cuts to the floor. the clock is ticking. it is important for the tax legislation to happen now. we are calling on the republican leadership in the...
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Dec 1, 2012
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it may be helping the federal government finance all these transfer payments. we need to have really a larger discussion about the underlying prince of our monetary system. the current says well we have isn't working. >> we had a lot of interviews with ron paul during his presidential run. we talked about gold. what do you make of getting rid of the dollar bill? do you care about that? >> you mean for a coin? >> yes. too expensive to print. >> that doesn't really matter. look, the bigger question we have a lot bigger fish to fry than whether we use a dollar bill or a coin for a $1 note. the bigger problem is the debasement that that represents. the dollar's down over the last four decades. since we went off gold in august of '71 we're down 82%. and to what end, right? is it helping us with respect to employment? obviously not. employment ratios are down. is it helping our financial system? no. the big three banks are in a world of trouble. they all three trade at less than book. so what exactly are we getting out of all this monetary debasement? the one thing w
it may be helping the federal government finance all these transfer payments. we need to have really a larger discussion about the underlying prince of our monetary system. the current says well we have isn't working. >> we had a lot of interviews with ron paul during his presidential run. we talked about gold. what do you make of getting rid of the dollar bill? do you care about that? >> you mean for a coin? >> yes. too expensive to print. >> that doesn't really matter....
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Dec 6, 2012
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not the government service but the cost of the government service. >>> jim iuorio, let's talk about these fiscal cliff expectations. are you seeing anything in this debate, jim, that you think of as investable, actionable, right now? >> well, sure. we tend to think of this as a binary event. either we come to a solution or don't come to a solution. i say that's not the case. there's three different things. one we come to a solution the market accepts and likes, one that it hates or we go over the fiscal cliff. one that the market hates and going over the fiscal cliff seem more likely to me. either one will be an economic drag. i like procter & gamble, big companies with good cash flow that are somewhat recession proof. >> thank you very much, jim iuorio. >>> in the weeks before christmas, not a creature was stirring. not even the house. accept, of course, on twitter where one of the top trending words is cliffmas. in a fiscal cliffmas used in a tweet from the reformed broker, josh brown. according to the congressional daily, the hill, illinois senator dick durbin also jumped on the phrase
not the government service but the cost of the government service. >>> jim iuorio, let's talk about these fiscal cliff expectations. are you seeing anything in this debate, jim, that you think of as investable, actionable, right now? >> well, sure. we tend to think of this as a binary event. either we come to a solution or don't come to a solution. i say that's not the case. there's three different things. one we come to a solution the market accepts and likes, one that it hates...
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pays for 8.5 days for government spending. you don't get anything except for lower productivity of people you ask to create more jobs. that is why. >> he can final it in his base. that is why he is proposing more spending. >> brian: incredible. to see him campaign with tinker toys and angry birds makes us think it's another 4-1/2 years instead of rolling up the sleeves and get the deal done. he goes to pennsylvania -- >> andrea: a small business. which is so ironic. the same group of businesses that are hit hardest by the tax increase. >> eric: i don't know if we outlined the deal that geithner proposed. $1.6 trillion. $1.6 trillion in the tax hikes. that's what he says. they are $1 trillion off on that. not meeting in the middle. no spending cuts. spending cuts are delayed. forward. 10 to 15 years down the road. hope congress decides to -- >> andrea: he will be long gone. obama will be long gone. >> bob: you are saying -- geithner says $1.6 trillion? >> eric: it comes from tax increases. >> bob: on who? you're saying go over
pays for 8.5 days for government spending. you don't get anything except for lower productivity of people you ask to create more jobs. that is why. >> he can final it in his base. that is why he is proposing more spending. >> brian: incredible. to see him campaign with tinker toys and angry birds makes us think it's another 4-1/2 years instead of rolling up the sleeves and get the deal done. he goes to pennsylvania -- >> andrea: a small business. which is so ironic. the same...
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Nov 30, 2012
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however, i think that if the greek government proceeds with the necessary deep reforms and for example, dispensing with red tape and introducing the red carpet treatment for both local and foreign investors, via competitive tax system which is going to be voted in later on this month and the privatization scheme i think they will be on the right track. >> you're here for the ceremonial function of ringing the closing bell later today but you're really here to drum up investments in greece. why today, given all of the uncertainties, given the fact that the greek economy is floundering a bit, why would i choose to invest there now? >> tyler, think that the level of fragility as far as the greek economy is concerned is strengthened over the last few weeks and the fact that it seems certain now that we're going to remain within the eurozone, within the european union, it begins to alleviate any fears foreign investors would have as far as investing in greece. the major fear up to now is would they be investing in euros and collecting their profits in greek drachmas. you talk about no longe
however, i think that if the greek government proceeds with the necessary deep reforms and for example, dispensing with red tape and introducing the red carpet treatment for both local and foreign investors, via competitive tax system which is going to be voted in later on this month and the privatization scheme i think they will be on the right track. >> you're here for the ceremonial function of ringing the closing bell later today but you're really here to drum up investments in...
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it didn't buy us any government services or lower anybody's taxes by even a dime. it is time to get rid of the debt ceiling. and don't take it from me. take it from the policy makers who have had to deal with it before. like alan greenspan, former federal reserve claireman. >> i have more fundamental question. why do we have a debt limit in the first place? we appropriate funds. we have tax law. and one reasonably adept at arithmetic can calculate what the debt change is going to be. the congress and the president have signed legislation predetermining what that number is. why do we need suspenders and belts is something i've never understood. >> now that we got them, the question is -- >> now that you've got them, the question essentially is, there is a major problem in cutting spending. and anything that works in my regard is probably helpful. the difficulty that i have is you cannot have a position which stipulates that i will never allow the united states to default. but on the other hand, i will not allow the process to go forward unless there are additional a
it didn't buy us any government services or lower anybody's taxes by even a dime. it is time to get rid of the debt ceiling. and don't take it from me. take it from the policy makers who have had to deal with it before. like alan greenspan, former federal reserve claireman. >> i have more fundamental question. why do we have a debt limit in the first place? we appropriate funds. we have tax law. and one reasonably adept at arithmetic can calculate what the debt change is going to be. the...
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>> i think the elections have cons 0 againsts and the electorate has chosen divided government. they expect compromise and expect it from both sides. i don't think republicans should move on tax increases without significant movement on entitlements. >> you want to get something in return but go ahead and offer it. and right now they're not offering it. >> in order to get something done, people expect to get something done. both sides have to come to the middle. elections have consequences. both sides are going to have to give. right now i think you need to see significant reform on entitlements. >> maggie, who should own the entitlement plan, though? i do feel like we are -- we know a plan will get done, right? there's a small deal that punts us and we have the debt ceiling, or there is the big deal that maybe actually provides some relief. the big deal, who should open the entitlement? you do it, mrmt. and they're going, whoa, whoa, whoa, i'm not having this fight with my own base. >> i think that's the problem, right? in terms of who should own it. neither side, and i think t
>> i think the elections have cons 0 againsts and the electorate has chosen divided government. they expect compromise and expect it from both sides. i don't think republicans should move on tax increases without significant movement on entitlements. >> you want to get something in return but go ahead and offer it. and right now they're not offering it. >> in order to get something done, people expect to get something done. both sides have to come to the middle. elections have...
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Dec 3, 2012
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programs, proposed $600 billion of detailed reforms and savings, to our health care and other government programs, that is $600 billion. in fact, the health care savings in that plan, are larger than the plans we have seen republicans in the past in the context -- >> was that in the budget. >> these proposals -- we proposed these last fall and in the president's budget, they are very detailed and -- >> that was a budget voted down 99-0 in the senate. >> a lot of politics in the town, and it is carefully designed set of reforms and if they want to go beyond the reforms and do it differently they should say how. we can't do -- >> what if they were to propose the republican budget they passed? they passed the last two years. >> there is no risk they'll do that, chris. >> chris: wouldn't it be as serious as you proposing your budget. >> the american people have taken a long time to take a careful, hard look at the plan and found no merit in it. so, the republicans aren't going to propose it again. >> chris: like the senate voted it-0 against your budget. >> the senate already proposed and en
programs, proposed $600 billion of detailed reforms and savings, to our health care and other government programs, that is $600 billion. in fact, the health care savings in that plan, are larger than the plans we have seen republicans in the past in the context -- >> was that in the budget. >> these proposals -- we proposed these last fall and in the president's budget, they are very detailed and -- >> that was a budget voted down 99-0 in the senate. >> a lot of politics...
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they both win by governing. i mean, this is -- a unique situation. they both win by governing. that opportunity sitting there for them to take. i think that -- i think they both are sophisticated enough to realize it. hopefully they go in a room and do it. >> it is only a big deal -- only a big deal that will set off this positive chain of events that i think will be a huge boom to the american economy. we have to go big and we have to really solve this problem. >> i think there's -- there could be a high chance that there is a deal but that nothing big gets done. if that's the case -- >> that's the problem. >> that could be the path of least resistance. >> that's kicking the can down the road. >> right. >> i hear you being critical of the president. you don't like his offer yesterday. sounds to me like what you are saying is there wasn't enough compromise in the president's offer yesterday. >> no. it was a -- a good -- look, i have done -- as governor and mayor thousands of union negotiations. you start out with a position you don't expect to wind up with. there ought to be pe
they both win by governing. i mean, this is -- a unique situation. they both win by governing. that opportunity sitting there for them to take. i think that -- i think they both are sophisticated enough to realize it. hopefully they go in a room and do it. >> it is only a big deal -- only a big deal that will set off this positive chain of events that i think will be a huge boom to the american economy. we have to go big and we have to really solve this problem. >> i think there's...
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they voted for divided government. here's the question i have. i would no want them to think os and grand hides and the slem hammer we're robbing them with. if obama wants to take the country off the fiscal cliff, they need to go there. they seem afraid of that. do you see that. >> it's clear from the election that the majority of americans essentially voted for european levels of spending. you can't have european levels of spending. we're one percent under canada. there's no difference any more, not in terms of government spending. we're close to norway. we're not quite to sweden yet, but we basically are spending like europeans, but we're not taxed like that. the idea that you can close that gap, i think he figured out if he can make this level of spending permanent, he changes the united states into a european socialism democracy and he'll be the most congress consl president of the last hundred years. >> it seems like we're close. we're right on the edge with all of the predictable results. >> i think you can be spee den if you -- sweden. he'
they voted for divided government. here's the question i have. i would no want them to think os and grand hides and the slem hammer we're robbing them with. if obama wants to take the country off the fiscal cliff, they need to go there. they seem afraid of that. do you see that. >> it's clear from the election that the majority of americans essentially voted for european levels of spending. you can't have european levels of spending. we're one percent under canada. there's no difference...
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report from the government accountability office concludes if we get rid of the dollar bill, the feds could save $4.4 billion over 30 years. matthew iglesias, good to see you. >> good to be here. >> if the findings are correct, no more paper dollar, $4 billion in savings but you think this equation is flawed, right? >> it's a little bit of a funny situation because they say you'll save money but not because it's cheaper to make the dollar coins than the dollar bills, it's considerably more expensive. the reason the government saves money if we switch to coins people don't like to use the coins and they think they'll pile up in our sock drawers. >> while that's maybe a possibility at the start but look, here is the pros as a lot of people who think this is a good idea see it. first of all, they last a lot longer, i think something like 30 years on average as opposed to dollar bills which last like four to five years, no problems getting a coin for your vending machine and the mining industry, frankly, would benefit big time, so is there at least some merit in eliminating the buck bill?
report from the government accountability office concludes if we get rid of the dollar bill, the feds could save $4.4 billion over 30 years. matthew iglesias, good to see you. >> good to be here. >> if the findings are correct, no more paper dollar, $4 billion in savings but you think this equation is flawed, right? >> it's a little bit of a funny situation because they say you'll save money but not because it's cheaper to make the dollar coins than the dollar bills, it's...
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and deductions for the wealthiest americans along side detailed measurable up front reforms on other government programs, so that together -- >> such as? >> again, in medicare, in health programs. other programs, we've still laid out $600 billion. a couple of examples, but can you look at the details. we propose to reform and limit farm subsidies, which can save a significant amount of money, and in health care we proposed things, like, for example, raising premiums modestly for higher -- we propose to get the government much smarter in how it purchases medicine. those are just three examples, but there's $600 billion of detailed policy in that program which alongside the trillion we did together that's already in place and the savings we get from winding down these wars is a substantial package. >> you have a $16 trillion debt, and you did $1 trillion of it, and that was in order to get your debt ceiling raised. how does that count -- >> it counts because it reduces the deficit. we're here trying to reduce the long-term deficit. >> they want new ones, the republicans? >> again, we're prepared
and deductions for the wealthiest americans along side detailed measurable up front reforms on other government programs, so that together -- >> such as? >> again, in medicare, in health programs. other programs, we've still laid out $600 billion. a couple of examples, but can you look at the details. we propose to reform and limit farm subsidies, which can save a significant amount of money, and in health care we proposed things, like, for example, raising premiums modestly for...
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it just says that if they do the federal government won't recognize them. the prop 8 case potentially raises a much more fundamental issue whether a state can deny same-sex marriage. the court could decide it on much more narrow grounds. >> pete, neither case could find a path to legalize gay marriage on a federal level? >> reporter: you know, that's not clear. if they take the proposition 8 case from california, when the trial judge decided the case, he said as a matter of the federal constitution, a state cannot deny same sex couples the rate to get married. now when the appeals court ruled, it did so on a much more narrow only grounds. there is always the possibility they could get to the bedrock issue. >> there is a way. >> reporter: right, there is a path. >> pete williams at the supreme court, thank you, pete. >> reporter: you bet. >>> our gaggle will be here next to kick off the week. but first the white house soup of the day. kind of a low key day, tomato basil. nothing too spicy. the slow start it to the fiscal talks here in the first full week of
it just says that if they do the federal government won't recognize them. the prop 8 case potentially raises a much more fundamental issue whether a state can deny same-sex marriage. the court could decide it on much more narrow grounds. >> pete, neither case could find a path to legalize gay marriage on a federal level? >> reporter: you know, that's not clear. if they take the proposition 8 case from california, when the trial judge decided the case, he said as a matter of the...
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government for one hour and 36 minutes. i thought that was interesting. by the way, one thing that all of us have learned, especially the national media, as we've been calling this dearborn, missouri, we're wrong. it's dearburn. they're a little upset that we're pronouncing the name of their town wrong. >> teach me this again. dearburn? >> reporter: you've got to say it like mush in your mouth. it's not dearborn, it's dearburn. >> dearburn, missouri. >> reporter: there you go. i think we got it. >> kerry sanders there to meet the hills coming up and a very lucky 6-year-old who will be probably getting a pony for christmas, i'm sure. thanks. >>> just a half hour from now, president obama is expected to give remarks from pennsylvania. it's the next step in his campaign to generate public support for his plan to tackle the fiscal cliff. now, while at a toy manufacturing company, the president is expected to play hardball. white house official telling nbc news he'll call on congressional republicans to stop holding the middle class hostage. traveling with the
government for one hour and 36 minutes. i thought that was interesting. by the way, one thing that all of us have learned, especially the national media, as we've been calling this dearborn, missouri, we're wrong. it's dearburn. they're a little upset that we're pronouncing the name of their town wrong. >> teach me this again. dearburn? >> reporter: you've got to say it like mush in your mouth. it's not dearborn, it's dearburn. >> dearburn, missouri. >> reporter: there...
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bill: streamlining government. >> isn't that all to the good? don't we want to hear what governor romney has to say and wouldn't we want president obama to embrace it and more importantly governor romney itself. bill: the record shows mondale and reagan only had a phone call after 1984. kerry and bush had no lunch only a phone call. >> they said they wish they had more contact. bill: the bromance that broke out between bush 41. >> reagan and carter on inauguration day did not say a single word to each other. president obama has had four years to listen to those words and incorporate some of it into policy. he hasn't done it. i don't see him starting you now. >> president clinton and george h.w. bush have donnie norm must good works together. if we can be optimistic, in terms of streamlining, the fiscal cliff i think that would be a good thing. bill: what is next, martha. martha: that is something to think about for today. how about this. $2 and new two dreams coming true big time, where the winning powerball tickets were sold, i'll give you a hi
bill: streamlining government. >> isn't that all to the good? don't we want to hear what governor romney has to say and wouldn't we want president obama to embrace it and more importantly governor romney itself. bill: the record shows mondale and reagan only had a phone call after 1984. kerry and bush had no lunch only a phone call. >> they said they wish they had more contact. bill: the bromance that broke out between bush 41. >> reagan and carter on inauguration day did not...
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which begs the question why is government doing nothing when it comes to guns. here to talk to us about possible solutions is john rosenthal, co-founder of stop handgun violence and the american hunters and shooters association, an alternative to nra for moderate gun owners. thank you for joining us. >> thank you eliot. >> eliot: the frustration we've felt for years in response to gun violence. in the context of all that has happened, the lack of action, what is your agenda, and how do you plan to make it real. >> it's no different than it has been the better part of 20 years. i'm a gun owner. i'm a business person. i believe in the second amendment and the right to bear arms but the founders never extended that the second amendment extend to terrorists and criminals to buy guns without even a background check. toy guns and teddy bears have a multitude of regulations of how they're made and marketed. you need an i.d. to vote in many places. but in 33 states it's federal gun policy that you do not need an i.d. or background check to buy an unrestricted, unlimited
which begs the question why is government doing nothing when it comes to guns. here to talk to us about possible solutions is john rosenthal, co-founder of stop handgun violence and the american hunters and shooters association, an alternative to nra for moderate gun owners. thank you for joining us. >> thank you eliot. >> eliot: the frustration we've felt for years in response to gun violence. in the context of all that has happened, the lack of action, what is your agenda, and how...
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the people running the government. the politicians. good politicians don't take their countries off of cliffs. "the ed show" starts right now. >>> good evening, americans. welcome to "the ed show" live from washington, d.c. tonight, breaking news from the nation's capital. house democrats are turning the screws on house speaker bain. this is "the ed show." let's get to work. >> unfortunately, the speaker's proposal is still out of balance. >> the president responds to john boehner, but democratic leader nancy pelosi has a plan to get around the speaker. tonight, leader pelosi joins me for an exclusive interview. >>> senator john kerry like you have never seen him before. the statesman from massachusetts scolds the radical right after senate republicans block a u.n. treaty on rights for the disabled because they are concerned about home schooling. you don't want to miss this tape. >>> plus my interview with ohio senator sherrod brown on what looks like a massive win for progressives and elizabeth warren. >>> then senator debbi stabenow
the people running the government. the politicians. good politicians don't take their countries off of cliffs. "the ed show" starts right now. >>> good evening, americans. welcome to "the ed show" live from washington, d.c. tonight, breaking news from the nation's capital. house democrats are turning the screws on house speaker bain. this is "the ed show." let's get to work. >> unfortunately, the speaker's proposal is still out of balance. >>...
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why is the federal government doing nothing? that's coming up. emmy winner bill press opens current's morning news block. >>we'll do our best to carry the flag from 6 to 9 every morning. >>liberal and proud of it. ♪ ♪ the trucks are going farther. the new 2013 ram 1500. ♪ ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ ♪ guts. glory. ram. then how'd i get this... [ voice of dennis ] ...allstate safe driving bonus check? what is that? so weird, right? my agent, tom, said... [ voice of dennis ] ...only allstate sends you a bonus check for every six months you're accident-free... ...but i'm a woman. maybe it's a misprint. does it look like a misprint? ok. what i was trying... [ voice of dennis ] silence. ♪ ♪ ask an allstate agent about the safe driving bonus check. are you in good hands? >> eliot: you've got to give credit to alan simpson. the 81-year-old retired senator is pressuring congress to lower the debt, he's reaching out to the internet generation. all i can say is the man from wyoming knows a t
why is the federal government doing nothing? that's coming up. emmy winner bill press opens current's morning news block. >>we'll do our best to carry the flag from 6 to 9 every morning. >>liberal and proud of it. ♪ ♪ the trucks are going farther. the new 2013 ram 1500. ♪ ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ ♪ guts. glory. ram. then how'd i get this... [ voice of dennis ] ...allstate safe driving bonus check? what is that? so...
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a bloated federal government that wants to spend too much to help the poor. >> government's approach has been to expand bureaucracy and spend lots of money on bloated top-down anti-poverty programs. we're trying to measure compassion by how much we spend not by how many people we help. >> the takeaway, we care. we care about the same things we always cared about -- cutting taxes and slashing the government. in "the daily beast" calling this attempt at rebranding, if you will, gaseous rhetoric. saying until these guys actually embrace some amount of policy change, it's same old, same old. >> you know i think rubio at least his suits fit better than paul ryan's suits do. watching them, on the one hand it's cool watching them being -- trying to be progressive. but it's -- these suits are ill-fitting these compassion -- sudden compassion for the poor. it's a little bit like listening to bloomberg speak spanish. >> nice try but awkward. >> i'm happy to hear paul ryan talking about the poor and i hope this is a trend in the republican party. >> i don't know -- if i were paul ryan's strateg
a bloated federal government that wants to spend too much to help the poor. >> government's approach has been to expand bureaucracy and spend lots of money on bloated top-down anti-poverty programs. we're trying to measure compassion by how much we spend not by how many people we help. >> the takeaway, we care. we care about the same things we always cared about -- cutting taxes and slashing the government. in "the daily beast" calling this attempt at rebranding, if you...
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also i think, you know, it takes away the claim that the federal government is u surping health care. states forfeited their option to do something. i also think we're going to have an interesting set of experiments. california, colorado, maryland and other states that are going to do this well will show the country. can you save money? can you improve health outcomes? can you give people options they like? i would look to those particular states because they are really working on developing an exchange, running it well, the case of colorado interestingly enough, it's pretty bipartisan. you have people who want to make it work on both sides of the aisle. these could shame other states to come in. i also think we should be honest. out of 2014, there may be some bumps in the road. but this is for the long haul. out of the gate, it may not be perfect. but lots of software is not perfect out of gate, but we use it and love it and it helps us. the same is going to be true here. it's going to help millions of people get better insurance products that are cheaper. >> thanks for coming in. >>
also i think, you know, it takes away the claim that the federal government is u surping health care. states forfeited their option to do something. i also think we're going to have an interesting set of experiments. california, colorado, maryland and other states that are going to do this well will show the country. can you save money? can you improve health outcomes? can you give people options they like? i would look to those particular states because they are really working on developing an...
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that too many people want things from government. but i'm still convinced that the overwhelming majority of our people, they just want what my parents had -- a chance. >> i'm joined by congresswoman debbie wasserman schultz tonight, of florida, chairwoman of the dnc. great to have you with us, congresswoman. >> great to be with you, ed, thank. >> now, those are two key players there on the republican party. one was on the ticket, the other was a florida senator. what do you make of this about-face and philosophical change and approach to the middle class. you buying it? >> well, it's not an about-face, not by a long shot. there is not much compassion in either of those conservatives. and you know, i think what mr. ryan and mr. rubio must think is, you know, that movie, "men in black"? there have been three "men in black" movies, and i think one of the coolest things about that movie that most people remember is that little device that erases people's memories. well, i think that paul ryan and marco rubio must believe that all america
that too many people want things from government. but i'm still convinced that the overwhelming majority of our people, they just want what my parents had -- a chance. >> i'm joined by congresswoman debbie wasserman schultz tonight, of florida, chairwoman of the dnc. great to have you with us, congresswoman. >> great to be with you, ed, thank. >> now, those are two key players there on the republican party. one was on the ticket, the other was a florida senator. what do you...
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Dec 7, 2012
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government. that's no way to run the country. >> what do you think the chances of that happening? >> it's possible. one of the things that the republicans might get as part of this package is another opportunity to make their case around the debt ceiling. but there ought to be some limit on it and i like the president's proposal that basically requires a two-thirds vote to overcome the president's decision to raise the debt. that still gives members a chance to weigh in, still requires a vote on the debt limit. it doesn't let lawmakers off the hook but it also means that you can't hold the country's economy and full faith and credit hostage every time you want to demand more in cuts or tax increases. >> congressman adam schiff, thank you. >> let me play for you a little exchange from yesterday. >> is there an objection? >> madam, preserving the right to object. matters of this controversy, what we're talking about is a perpetual debt ceiling grant. >> i guess we have a filibuster of his own bill so i object. >> is there objection to the original request? >> yes, i object. >> objec
government. that's no way to run the country. >> what do you think the chances of that happening? >> it's possible. one of the things that the republicans might get as part of this package is another opportunity to make their case around the debt ceiling. but there ought to be some limit on it and i like the president's proposal that basically requires a two-thirds vote to overcome the president's decision to raise the debt. that still gives members a chance to weigh in, still...
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Dec 7, 2012
12/12
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government. in the event of a nuclear attack. so nuclear attack, your doomsday happens then you've got your doomsday plan to try to survive it. in 2005, congress passed another doomsday plan meant to ensure the house could function in the aftermath of a terrorist attack that killed or incapacitated most of its members. the rule they passed in the house states that under, "catastrophic circumstances a form would not require 218 congressmen as it does now. rather the house could operate with whoever happened to be around. so, again, you have a terrorist attack, your doomsday scenario, then there's this plan to help you survive it. that is what a doomsday plan usually is. this week, washington is really into another so-called doomsday plan. but it's a weird kind of doomsday plan. it's not a plan meant to save the country in the event of doomsday. it is a plan meant to create a doomsday scenario in the event that republicans have to compromise on tax rates. on monday, abc's jonathan carl explained how it worked. he said "republicans
government. in the event of a nuclear attack. so nuclear attack, your doomsday happens then you've got your doomsday plan to try to survive it. in 2005, congress passed another doomsday plan meant to ensure the house could function in the aftermath of a terrorist attack that killed or incapacitated most of its members. the rule they passed in the house states that under, "catastrophic circumstances a form would not require 218 congressmen as it does now. rather the house could operate with...
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Dec 6, 2012
12/12
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CSPAN2
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when this government government came to office, the personal tax allowance set of 6475 pounds. next april, and is set to rise to 9205 pounds. 24 million taxpayers have seen their income tax cut. 2 million of the lowest have been taken out of tax altogether. because of the decisions we have taken today, we can go even further. the personal moments will rise by a further 235 pounds. that means the total increase next year of 1335 pounds from the highest cash increase ever. people will be able to add 9440 before paying any income tax and this is a direct boost the incomes of people working hard to provide for their families. it is 47 pounds extra in cash next year. 267 increases next year, people working full-time on minimum wage will see the income tax cut in half. and we are of the 10,000-pound personal moments. at this time, i propose to extend a further increase. that decision will stand alongside this decision that we have taken on operating. meaning that a typical taxpayer will be better off next year. mr. speaker, we have help working people today. but i do not want to dist
when this government government came to office, the personal tax allowance set of 6475 pounds. next april, and is set to rise to 9205 pounds. 24 million taxpayers have seen their income tax cut. 2 million of the lowest have been taken out of tax altogether. because of the decisions we have taken today, we can go even further. the personal moments will rise by a further 235 pounds. that means the total increase next year of 1335 pounds from the highest cash increase ever. people will be able to...
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Nov 30, 2012
11/12
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what does the government need to do? what kind of threshold do you want to see from the federal government? >> well, as i said, the name of the investigation yesterday should have been called who's in charge here, because that's exactly the way it went. we need to fund basic science, keep it going, doing it in a smart way. we have to connect the cdc, nih, health and human services, the fda, all those organizations have to be better connected. we have to bring services and research together. we need diagnosis should be achieved at 18 months now and we have five years in many places and minorities are diagnosed later than all. they don't seem to have the right access. we need to develop better treatments and translate research into medicine. we need to alleviate discrepancies in services. i'll give you an example, andrea, 32 states have autism insurance, 75% of the nation. they represent half of the employees. the other half are in large companies. the congress has to act and make those large companies do exactly the same
what does the government need to do? what kind of threshold do you want to see from the federal government? >> well, as i said, the name of the investigation yesterday should have been called who's in charge here, because that's exactly the way it went. we need to fund basic science, keep it going, doing it in a smart way. we have to connect the cdc, nih, health and human services, the fda, all those organizations have to be better connected. we have to bring services and research...
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Dec 1, 2012
12/12
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FOXNEWSW
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not because of government. companies were carved by bacteria simply to protect their brand. competition, device the pipes are reputation, it protects us much better than government over well. that is our show. i am john stossel, thank you for watching. [app >> gregg: financial future of the country may hang in the balance as the nation gets closer to a fiscal cliff. democrats and republicans have one month to come up with a plan to stop the across the board tax hikes and the major federal spending cuts from taking effect. i'm gregg jarrett. >> heather: i'm heather childers. some of the early optimism for a deal seems to be fading. steve is live in washington with more. >> reporter: one month away from that so-called fiscal cliff. there appears to be very little movement toward any kind of deal. president obama is using the bully-pulpit to appeal to the american people to push for immediate action to push the tax cuts for everybody except for those earning more than $250,000 a year. in his saturday address, he stressed the urgency of the situation. >> if congress does nothing
not because of government. companies were carved by bacteria simply to protect their brand. competition, device the pipes are reputation, it protects us much better than government over well. that is our show. i am john stossel, thank you for watching. [app >> gregg: financial future of the country may hang in the balance as the nation gets closer to a fiscal cliff. democrats and republicans have one month to come up with a plan to stop the across the board tax hikes and the major federal...
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Nov 30, 2012
11/12
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CURRENT
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you're going to lay people off because now the government is going to help you fund your healthcare. really? i want to have those conversations, not to be confrontational, but to understand what the other side is saying, and i'd like to arm our viewers with the ability to argue with their conservative uncle joe over the dinner table. [ boy 1 ] hey! that's the last crescent. oh, did you want it? yea we'll split it. [ female announcer ] made fresh, so light buttery and flakey. that's half that's not half! guys, i have more! thanks mom [ female announcer ] pillsbury crescents. let the making begin ♪ ♪ [ female announcer ] holiday cookies are a big job. everything has to be just right. perfection is in the details. ♪ ♪ get to holiday fun faster with pillsbury cookie dough. [ music ] >> chatting with you live at current.com/billpress, this is "the bill press show," live on your radio and current tv. >> bill: >> bill: how about it? 33 minutes after the hour. don't you love fridays? well, this is a big one, friday, november 30th. great to see you here thank you so much for joining u
you're going to lay people off because now the government is going to help you fund your healthcare. really? i want to have those conversations, not to be confrontational, but to understand what the other side is saying, and i'd like to arm our viewers with the ability to argue with their conservative uncle joe over the dinner table. [ boy 1 ] hey! that's the last crescent. oh, did you want it? yea we'll split it. [ female announcer ] made fresh, so light buttery and flakey. that's half that's...
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Dec 5, 2012
12/12
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and they understand that what's being threatened is their ability to govern. they have priorities they have to get through. so he's got to actually exert a firmer hand. we're starting to see that with boehner. but howard is right. mcconnell has an election at stake. >> he hired rand paul's campaign manager to be his campaign manager in the upcoming race. >> i look at the democrats of this. the veterans of the senate, the old guard, the statesman. there was still respect available. it just seems lost today. >> you make a very important point. it's true of the baby boom generation. very few of them have the bonding national experience of being in the army.
and they understand that what's being threatened is their ability to govern. they have priorities they have to get through. so he's got to actually exert a firmer hand. we're starting to see that with boehner. but howard is right. mcconnell has an election at stake. >> he hired rand paul's campaign manager to be his campaign manager in the upcoming race. >> i look at the democrats of this. the veterans of the senate, the old guard, the statesman. there was still respect available....
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Nov 29, 2012
11/12
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CNBC
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and let's not be threatening government shut downs. let's sit down in a good faith effort and that's what president obama is not doing. he's back on the campaign trail which will is unfortunate. he should be in washington here sitting down in a good faith effort to try and grow the economy. because that's ten times more effective. >> senator, what are the odds that you think we reach an agreement before january 1st? >> that's just hard to say. there are enough republicans that are showing a willingness and i'm certainly willing to sit down with anybody who is willing to negotiate in between faith. my guess is we probably will get it solve, but i hope item not done in a way that harps tms th economy. but the president has to show us his balanced plan. >> as you said yourself, probably not the way to do to negotiate either on television or in front of everybody. that's probably happening behind the scenes. >> becky, that's not negotiating. that's called putting your plan on the table. republicans have passed two budgets. we have a bipart
and let's not be threatening government shut downs. let's sit down in a good faith effort and that's what president obama is not doing. he's back on the campaign trail which will is unfortunate. he should be in washington here sitting down in a good faith effort to try and grow the economy. because that's ten times more effective. >> senator, what are the odds that you think we reach an agreement before january 1st? >> that's just hard to say. there are enough republicans that are...
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Dec 5, 2012
12/12
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but that's not the way government works. they get briefed on economic stuff one minute and they run into a meeting and get briefed on the mating habits of a spotted owl or some other cause that they'll be asked to vote on later in the day, too. it's just the way our government works. >> whatever happens, we'll probably get some tax changes here, which investors are going to matter. which ones are the standout and how much time have you got to deal with it? >> well, there are a lot of them, the standouts. the biggest ones are the dividend and capital gains. companies are borrowing money to jam money out the door in special dividends to beat the deadline. so anyone that says the tax policy doesn't matter as it relates to economic conditions is really out of their mind. it really does make a difference. so i think when you look at dividends, capital gains, i think individuals for the last minute is when so many things get done, the article that i wrote for cnbc.com talks about the power of the last minute. if you've been procra
but that's not the way government works. they get briefed on economic stuff one minute and they run into a meeting and get briefed on the mating habits of a spotted owl or some other cause that they'll be asked to vote on later in the day, too. it's just the way our government works. >> whatever happens, we'll probably get some tax changes here, which investors are going to matter. which ones are the standout and how much time have you got to deal with it? >> well, there are a lot...
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Dec 1, 2012
12/12
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KQED
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government officials insisted rebels were behind the outage. meanwhile, fighting continued in and around damascus, but government troops managed to reopen the road to the city's airport. the u.s. soldier accused of espionage in the wikileaks document dump has conceded he considered suicide after his arrest. private first class bradley manning was cross-examined today in a pre-trial hearing at fort meade, maryland. he admitted making a noose out of bed sheets before being sent to the u.s. marine corps brig at quantico, virginia. manning says his treatment there was so harsh, the charges should be dismissed. the military says manning was a suicide risk, so jailers kept him isolated and took away his clothes. the holders of half of that record powerball jackpot of $588 million came forward today in missouri. a 52-year-old mechanic, mark hill, and his wife cindy were introduced in dearborn, just north of kansas city. cindy hill said she couldn't believe at first that their ticket was a winner. >> i didn't have my glasses and i was thinking is that
government officials insisted rebels were behind the outage. meanwhile, fighting continued in and around damascus, but government troops managed to reopen the road to the city's airport. the u.s. soldier accused of espionage in the wikileaks document dump has conceded he considered suicide after his arrest. private first class bradley manning was cross-examined today in a pre-trial hearing at fort meade, maryland. he admitted making a noose out of bed sheets before being sent to the u.s. marine...
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Nov 30, 2012
11/12
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at the same time, new government figures show that more than 53,000 undocumented immigrants have been approved to stay in the country under president obama's new immigration policy. the deferred action for childhood arrivals initiative launched in august halts the depotatid deportation of some undocumented immigrants brought to the u.s. as children. joining me, one of the first to benefit from the new policy, and telemundo's jose diaz belart. good to see both of you. the president announced the program earlier this year. how is it being rolled out, and who qualifies? >> well, okay. first of all, it's only a two-year reprieve from possible deportation. this is not a permanent solution, this is just a two-year reprieve. and it could benefit up to 1.2 million young people like carla. to be able to qualify, you have to have -- you're under 31 years of age by june of this year. you have to have lived in this country for at least five years, gotten to the united states before you were 16 years of age. and of course, not have any kind of record, criminal record. gone to high school or going
at the same time, new government figures show that more than 53,000 undocumented immigrants have been approved to stay in the country under president obama's new immigration policy. the deferred action for childhood arrivals initiative launched in august halts the depotatid deportation of some undocumented immigrants brought to the u.s. as children. joining me, one of the first to benefit from the new policy, and telemundo's jose diaz belart. good to see both of you. the president announced the...
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Dec 1, 2012
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or the government is offering the ongoing market in the future. they were to fail, the government would stand behind them. it is far more limited. the question is, what do you want the government doing and in my mind you don't want the full credit exposure. he wanted doing that in the part of the market that needs to be served. it takes a far more limited risk and does it explicitly. and if we decide that we are not going to have any success with winding down, it is inevitable in my mind that fha is the larger part and will be taking a bigger part of this to review. >> [inaudible question] will we see something that looks like this continue? what kind of time will it take to do something like this? >> that is absolutely right. this needs to be a topic of broader conversation. >> when the gse is raised private capital, it is really nothing of the sort. the fha loan raises mortgage insurance premiums and pushes the credits back to the gse. these are specific organizations together and that has to be the total construct of the government together and
or the government is offering the ongoing market in the future. they were to fail, the government would stand behind them. it is far more limited. the question is, what do you want the government doing and in my mind you don't want the full credit exposure. he wanted doing that in the part of the market that needs to be served. it takes a far more limited risk and does it explicitly. and if we decide that we are not going to have any success with winding down, it is inevitable in my mind that...
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Dec 6, 2012
12/12
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offer real and concrete policy solutions and a real role for government, appropriate role for government to play in addressing those anxieties. i think we're one election away from being able to do that. would always our but we have to do. we have to recognize what it is and concentrate. >> how much of a danger to the public is being proposed by this change is? >> i wouldn't call it a danger to i think it's a challenge. it's a challenge. like every election is a challenge. take what you stand for and tried to convince people that it's better for them to what the other side is offering. sometimes people have forgotten the article of persuasion. politics is not just being what people are for. sometimes politics should be but and oftentimes it should be but understand what is the right thing for the country and working hard to convince people that that is the right thing for country. that's an important part of the political process. it has gotten lost recently. [inaudible] >> look, there are a large number of hispanics will also happen to be liberal democrats. there's nothing wrong in tryi
offer real and concrete policy solutions and a real role for government, appropriate role for government to play in addressing those anxieties. i think we're one election away from being able to do that. would always our but we have to do. we have to recognize what it is and concentrate. >> how much of a danger to the public is being proposed by this change is? >> i wouldn't call it a danger to i think it's a challenge. it's a challenge. like every election is a challenge. take what...
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Dec 6, 2012
12/12
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that's an issue for local government. and again, to conclude without getting too much on a soap box. senator is correct. this response cannot be about the of federal government bailing, you know, everybody out for every dollar. it's got to be smart leveraging of the power of the local government to leverage their own asset, and using the power of the private market to leverage the assets we need for smart rebuilding and so those loans are important to leverage the assets of the local government. so we don't have to -- we can do a combination of the grant, give them power to, you know, leverage their borrowing capacity, and through new market tax credit which is not a subject here. but is an important part of the recovery that come under finance. i want to raise the issue we found them to be effective. senator coats. >> thank you. two final questions here. secretary donovan, you -- supplement probably come our way this week in the next couple of days at least. you have a sense of when the long-term recovery cost estimates
that's an issue for local government. and again, to conclude without getting too much on a soap box. senator is correct. this response cannot be about the of federal government bailing, you know, everybody out for every dollar. it's got to be smart leveraging of the power of the local government to leverage their own asset, and using the power of the private market to leverage the assets we need for smart rebuilding and so those loans are important to leverage the assets of the local...
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Nov 29, 2012
11/12
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government. so i'm asking you all to make your voice heard. if you want a balanced approach to reducing the deficit, let your member of congress know. if you believe we can solve this problem through compromise, send that message. >> let your member of congress know. send that message said the president. the american people did. so many american people did that congressional websites and phone lines crashed after the president's speech. house phone circuits were so overwhelmed that an alert went out to members of congress that if they were expecting any really important phone calls therks shou they should try using a different phone. if you tried to visit the websites for john boehner or michele bachmann after the president's call to action, you just got a server to busy message. >>> last year, in the fall, the president went and did it again. the president went on a multi-state barn storming campaign style tour to push for the passage of his jobs bill. again, he asked the american people to get
government. so i'm asking you all to make your voice heard. if you want a balanced approach to reducing the deficit, let your member of congress know. if you believe we can solve this problem through compromise, send that message. >> let your member of congress know. send that message said the president. the american people did. so many american people did that congressional websites and phone lines crashed after the president's speech. house phone circuits were so overwhelmed that an...
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Dec 1, 2012
12/12
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CNNW
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the american government has never defaulted on its debt. and now there are some, not the majority of republicans but some on the extreme of the republican party and they seem to be in control, who seem to want to default on our debt. that's crazy. if they cannot be entrusted with the full faith and credit of the united states, they should not have that leverage. >> paul, where were the overtures though? where were the overtures with this deal that was presented? i mean, listen, you don't have to be mensa to know delivering a deal like that was going to make mitch mcconnell laugh. where were the overtures for the democrats? >> first of all, it is an overture, the deal itself. the proposal. it's not the deal, it's the proposal. the republicans have not come with a counterproposal. why? they seem to be intent on falling on their sword for the 2% of the wealthiest americans, many of whom themselves are happy to pay a slightly higher rate the way we did when president clinton was president. >> mary is shaking her head and i am, too. i traveled e
the american government has never defaulted on its debt. and now there are some, not the majority of republicans but some on the extreme of the republican party and they seem to be in control, who seem to want to default on our debt. that's crazy. if they cannot be entrusted with the full faith and credit of the united states, they should not have that leverage. >> paul, where were the overtures though? where were the overtures with this deal that was presented? i mean, listen, you don't...